First-quarter revenue at The New York Times Co. slipped 0.3% from a year earlier as circulation revenue grew but ad revenue fell, the company said today.
Perhaps more worrisome, digital ad revenue fell 10.3% across the company. That was primarily because of declines at the About.com division, but the News Media Group, which includes The New York Times and The Boston Globe, saw digital ad revenue dip 2.3% as well, the company said.
The News Media Group’s print ad revenue fell 7.2% while circulation revenue, aided by digital subscription offerings, grew 9.7%.
Read the whole story at Digital Ad Revenue Falls at The New York Times Company | MediaWorks – Advertising Age.
